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1100 South Oxnard Boulevard

Updated Nov 24, 2023

FINANCEDRetail

PFN Lending Group Refinances Retail Property In Oxnard

1100 South Oxnard Boulevard

$1,550,000

$147/SF

Building Size

10,507 SF

Asset Type

Retail

Closing

Jan 20, 2023

About this deal

AI

The recently closed transaction involved a retail property located at 1100 South Oxnard Boulevard in Oxnard. The property spans across 10,507 square feet and consists of a gas station and a car wash. The transaction was a loan refinancing deal.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,550,000
  • Loan Type: Refinance
  • Loan Terms: 5 / 25 YR ARM, 5.50% Below Market Rate, Gas Station, Car Wash, Owner User
  • Lender: PFN Lending Group - Gady Gabrielzadeh
  • Landlord: Mojgan Kohanoff

Gady Gabrielzadeh represented PFN Lending Group as the lender in this transaction. The loan provided financing for a gas station, which can be a complex property type to finance due to various factors such as environmental concerns and multiple moving parts. However, PFN Lending Group's diverse loan products demonstrate their expertise in financing specialty properties like gas stations. For commercial, multifamily, and residential financing needs, individuals can contact Gady at 818-Loan-Guy (562-6489).

Players

PG
PFN Lending Group (NMLS #103098)Lender

Market Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Deal FAQ

About $147 per square foot on a published $1.6M for 10,507 square feet (2023).

Browse California retail loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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